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Business Listed by

Sunbelt Arlington

Contact: Jerry Szopinski
Office Phone: 800-399-4654
Mobile Phone: (214) 683-8419
Listing ID: ARLINTX001-N437

Upstate NY Tire and Auto Repair Center

Financial Information

  • Asking Price: $3,950,000
  • Gross Revenue: $8,500,000
  • Cash Flow: $516,000
  • Down Payment: 0
  • FF&E (Included): $400,000
  • Inventory: $2,000,000
  • Financing: No

Business Location

  • Upstate New York
  • New York
Primary Business Category: Automotive Parts, Accessories, and Tire Stores

Long-established Upstate NY Tire and Auto Repair Center - This profitable tire and auto repair center has enjoyed a multi-decade presence in the area, and has developed a loyal customer following, offering an extensive inventory of all the major tire brands, as well as wheels and accessories, and a broad range of auto repair services. The business is well-staffed in all departments - sales, admin, warehouse and service techs - allowing new ownership to hit the ground running. And the seller welcomes a short to long term employment agreement post-sale, to ensure a smooth transition. The facility is spacious, attractive and well-located in the market area, to attract new business as well as welcome long-time customers, both individual and commercial.The retail tire industry is very robust, and generates $40BN of annual revenue in the USA, and growing. The stability of the retail tire and auto industry, along with an established and well-earned local reputation of the business, gives new ownership a comfortable foundation from which to work. And the opportunity is well-suited for either an individual buyer looking for a private opportunity, or for an existing tire or auto repair business looking to expand their footprint. In addition to the attractive pricing, the ability to finance the inventory portion of the deal with extended manufacturer terms may also be available, making it even easier to buy - inquire further for details.This is another opportunity brought to you by Powersports Listings Mergers & Acquisitions. Call our offices at 800-399-4654 x102, and visit us on the web at www.powersportslistings.com.


Competition Description

Local competition would be considered average for the industry.


Growth / Expansion overview

Plenty of room for growth, in both the facility and the market area.


Support / Training Comments

Owner would entertain a mid to long-term employment arrangement to facilitate the ownership change and ensure a smooth transition.


Reason For Sale
Retirement
  • Home Based: No
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $3,000,000
  • Real Estate Asking: $3,000,000
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

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